Johannesburg – World Bank president Jim Kim is an ex-leftist who claims that in the mid-1990s he wanted to shut down the Bank. At the time, it was an entirely valid, realistic goal of the 50 Years...
The second half of the winter session of the parliament continued to witness the members asking government questions related to finance. Some of these questions were related to the NPAs in various sectors of...
Our Money, Our Right Towards a Transparent and Accountable Financial and Banking System Appeal to political parties by people’s movements, civil society organisations, trade unions and concerned citizens on finance and banking, with a...
In the past four and a half years, the country has gone through a major socio-political and economic upheaval as never before. At no point in the recent history has the country as a...
Here’s a lowdown on what good and bad came out of Kim’s reign as the bank’s president and what seems to be the future of the coveted title Jim Yong Kim resigned from the...
The onslaught of a new power plant on the fragile ecology of the Sunderbans is fresh proof of the futility of climate reforms. We bring you a ground report. Until two years ago, 28-year-old...
Bank unions All India Bank Employee’s Association and Bank Employees Federation of India (BEFI) have called for a two-day nationwide strike today and tomorrow (January 8 and 9, 2019), in support of the general strike...
The briefing note discusses the International Finance Corporation’s (IFC) analysis and estimates of the investment opportunities in infrastructure development opening up, primarily for the private sector, in the urban areas due to the aggravating...
नेशनल थर्मल पाॅवर काॅरपोरेशन (एनटीपीसी) भारत के चार ‘‘नवरत्नों‘‘ में से एक होने के साथ, एक “फार्च्यून 500″ कंपनी भी है। भारत के विकास में एनटीपीसी ने चार दशकों से ऊपर एक अहम् भूमिका...
The institution of Comptroller and Auditor General (CAG) in India is patterned on the British model. In Britain, The Exchequer & Audit Department Act of 1866 created the office of CAG with a view...
कैंब्रिज के अर्थशास्त्री, हा-जून चांग का मानना है कि ‘अर्थशास्त्र का 95 प्रतिशत सिर्फ सामान्य समझ है, जिसे गणित और भारी-भरकम शब्दावली का प्रयोग करके मुश्किल बनाया जाता है।’ इससे हम समझ सकते हैं...
Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done...
The first ten days of the winter session of 2018, the parliament witnessed members asking wide-ranging questions related to the finance. These questions can broadly be divided into the following categories: Demonetisation Issues related...
“There was no example to follow on September 22, 1993, when the Bank’s Board of Executive Directors approved a resolution establishing the Inspection Panel. Over the next 25 years, the Panel forged a legacy...
The Reserve Bank of India, in 2015, issued a Master Circular on Wilful Defaulters, which starts with Introduction: “Pursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults...